StockWatch
·
Other Food Products
Dividend29 May 2026, 08:31 pm

Kovilpatti Lakshmi: FY26 Dividend of ₹1 Per Share Approved

AI Summary

Kovilpatti Lakshmi Roller Flour Mills Ltd's board approved audited financial results for the quarter and year ended March 31, 2026. They recommended a dividend of ₹1 per equity share for FY26, subject to shareholder approval. The board also approved the re-appointment of a Cost Auditor and Internal Auditors for FY27, and the re-appointment of Sri. Sharath Jagannathan as Chairman and Managing Director for 3 years, effective January 25, 2027, subject to shareholder approval.

Key Highlights

  • Audited financial results for the quarter and year ended March 31, 2026, were approved.
  • A dividend of ₹1 per equity share was recommended for FY26, pending shareholder approval.
  • Re-appointment of Cost Auditor for the Engineering division for FY27 was approved.
  • Internal Auditors for the Foods and Engineering divisions were appointed/re-appointed for FY27.
  • Sri. Sharath Jagannathan re-appointed as Chairman and Managing Director for 3 years, subject to approval.